Genavco and Shantui’s partnership complements each other’s ambitions for the region
Genavco, Juma Al Majid’s construction and equipment arm, says that the reaction of its new partnership with Shantui has been “beyond its expectations”.
Speaking at a special event to celebrate the company’s new partnership with Chinese earthmoving giant Shantui, Isam Abu Nabah, the president of Genavco revealed that 2012 had seen growth ogf 25% this year.
“We are driven by our ambitious plans for growth, expansion and providing superior after sales service,” he said. “With the underlying vision of becoming top service providing partner of choice by the industry, Genavco was able to achieve 25% growth over the same period of last year, even further enhancing our market share in what remains a difficult climate.”
The Shantui deal boosts the company’s presence in a number of areas. Not just bulldozers – with Shantui dominates the Chinese industry with 65% market share – but also in other lines such as excavators in the 6t-40t classes, graders, and forklifts. The parntership with Genavco provides Shantui with an established player in the market.
“The prime objective of Genavco and Shantui is to provide quality products backed by professional sales and after sales support to meest and exceed customers’ expectations in the UAE construction industry.”